June US jobs report: Sigh of relief

Jonathan Boyd
clock

Russel Investments’ investment strategist Paul Eitelman discusses the strong US jobs report, coming in above expectations with 287,000 new jobs created in June. While the strong number was a good sign, he recommends investors focus on the three-month average of job growth which his currently coming in around 150,000 – a healthy pace and still enough to reduce the unemployment rate gradually over time.

 

Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.

More on Equities

Rathbones FUMA up 25% in 2021 following net inflows and Saunderson House acquisition

Rathbones FUMA up 25% in 2021 following net inflows and Saunderson House acquisition

Jenny Turton
clock 11 January 2022 • 1 min read
iM Global Partner rebrands Luxembourg-based Oyster fund range

iM Global Partner rebrands Luxembourg-based Oyster fund range

clock 10 January 2022 • 1 min read
Impax AUM exceeds £40bn at end of 2021

Impax AUM exceeds £40bn at end of 2021

Up 11.1% during ‘strong’ quarter

clock 10 January 2022 • 1 min read